DHL Hong Kong Air Trade Leading Index ("DTI") is a quarterly survey implemented by Hong Kong Productivity Council ("HKPC"), and commissioned by DHL Express (Hong Kong) Limited ("DHL").
DTI is the first-of-its-kind in Hong Kong, offering publicly available market intelligence for local enterprises, especially SMEs which typically have limited resources or access to information, enabling all to take reference from a comprehensive business review of the sector in which they operate.
The Overall Index represents the air trade market outlook for the surveying quarter, in respect of import and (re-)export. The research also studies the underlying trends in business attributes, markets and air-freighted commodities, thus assisting local enterprises in arriving at a primed view of the business outlook of their markets.
DTI - Fourth Quarter of 2017
Release Date: Nov 1, 2017
The outlook for Q4 2017 is generally steady, with increased demand for air exports helping to boost confidence among traders. This marks one of the highest readings for two years as concerns about the global economy have been somewhat allayed as the year progresses.
- For the first time in three years, prospects for air exports have surpassed the outlook on air imports, which has largely been driven by demand in the Americas, with a noticeable recovery in Apparel & Clothing Accessories.
- The better prospect for air trade is being driven also by festive season demand, particularly for western markets. In addition to Christmas, several major online shopping festivals are boosting respondents’ confidence, including Singles' Day, Black Friday, and Cyber Monday.
- Nevertheless, air importers are more cautious in their outlook because of an anticipated fall in sales volume coupled with softened demand for Asia Pacific imports. However, local retail sales have grown at their fastest rate since early 2015, signaling a sustained recovery. Many respondents expect local retail sales to continue to thrive, which will help provide positive support for air imports.
- Mr Gordon Lo, Acting Executive Director of Hong Kong Productivity Council, said, "The market outlook is still conservative. Enterprises should diversify their product and market portfolios to avoid the risk of focusing on a single business or region amid market changes. They can also introduce more value-added elements to their existing products or services to increase the business turnover and enhance customer loyalty.
Furthermore, as online retail business is gradually becoming the mainstream, information security of customer and enterprise data also calls for attention. Recent incidents of ransomware, data leakage, email fraud, in particular, were wake-up calls for enterprises to stay vigilant against cyber security threats. In addition to implementing an information security management policy, enterprises are advised to keep their system software updated, install network security software, regularly back up data, and conduct related training to their staff. At the same time, they should note the latest security update and tools provided by organizations such as the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) and Government Computer Emergency Response Team Hong Kong (GovCERT.HK) to ensure timely response to address the potential risks."
Download of DTI Quarterly Report
|DTI - Fourth Quarter of 2017 (PDF version)
DTI - Fourth Quarter of 2017 (Text-only version)
|Nov 1, 2017|
|DTI - Third Quarter of 2017 (PDF version)
DTI - Third Quarter of 2017 (Text-only version)
|Jul 27, 2017|
|DTI - Second Quarter of 2017 (PDF version)
DTI - Second Quarter of 2017 (Text-only version)
|Apr 28, 2017|
|DTI - First Quarter of 2017 (PDF version)
DTI - First Quarter of 2017 (Text-only version)
|Jan 25, 2017|
|DTI - Fourth Quarter of 2016 (PDF version)
DTI - Fourth Quarter of 2016 (Text-only version)
|Nov 11, 2016|
|DTI - Third Quarter of 2016 (PDF version)
DTI - Third Quarter of 2016 (Text-only version)
|Aug 8, 2016|
|DTI - Second Quarter of 2016 (PDF version)
DTI - Second Quarter of 2016 (Text-only version)
|May 13, 2016|
|Feb 19, 2016|
|Nov 16, 2015|
|Aug 11, 2015|
|May 7, 2015|
|Feb 6, 2015|
|Nov 12, 2014|
Index Calculation: Index = [100 x (Percentage of samples responding "Positive") ] + [50 x (Percentage of samples responding "Neutral") ] + [0 x (Percentage of samples responding "Negative") ]
- Ratios of collected responses are used to form the indices.
- An index value above 50 indicates an overall positive outlook while a reading below 50 represents an overall negative outlook for the surveyed quarter.
- The further the reading is from 50, the more positive or negative the outlook is.
- Respondents are Hong Kong-based companies associated with either inbound or outbound air trade. It includes Watches, Clocks & Jewellery, Apparel & Clothing Accessories, Electronics Products & parts, Gifts, Toys & Houseware, Food & Beverage and Others (including courier service and other items which do not belong to the categories listed above).
- Over 600 samples are collected in each quarter.
- Sample companies are randomly selected from publicly available directories.
This report contains survey result based on research findings. HKPC will not be liable for any loss, mistake, delay, action or non-action by viewers of this report.